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What happens if a pension company goes bankrupt

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Comments

  • #32
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,727 Mod ✭✭✭✭Henry Ford III


    ANXIOUS wrote:
    Could cause people a lot of undue stress if they see your answer rather than the correct answer.


    Well then and as previously suggested, why not present your view?


  • #33
    dulux99
    Registered Users Posts: 2,795 ✭✭✭dulux99


    Jesus lads. I've posted the correct information twice now. I specialise in this subject for a living.


  • #34
    ANXIOUS
    Registered Users, Registered Users 2 Posts: 3,095 ✭✭✭ANXIOUS


    dulux99 wrote: »
    Jesus lads. I've posted the correct information twice now. I specialise in this subject for a living.

    Agreed, that's why I don't engage with him and try never reply to any topic he posts on. Never gives a straight answer, still surprising that a financial advisor won't correct the record.

    I can nearly imagine him onto a broker consultant in Aviva or Irish life asking them for the answer yesterday.


  • #35
    Phileas Frog
    Closed Accounts Posts: 946 ✭✭✭Phileas Frog


    Can someone answer the question please. Ye are like bloody women


  • #36
    saccades
    Registered Users, Registered Users 2 Posts: 1,261 ✭✭✭saccades


    Phileas Frog wrote: »
    Can someone answer the question please. Ye are like bloody women

    The funds cannot be accessed by the bankrupt firm and cannot be used to pay off debts once the firm has folded. There will be a set of qualified people appointed by the trustees to move everyone and their funds to another pension company.


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  • #37
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,727 Mod ✭✭✭✭Henry Ford III


    ANXIOUS wrote:
    Agreed, that's why I don't engage with him and try never reply to any topic he posts on. Never gives a straight answer, still surprising that a financial advisor won't correct the record.


    You outdid yourself here in that case. I think it's to do with you getting pwned on a few threads over a period.

    Little wonder you're Anxious :D


  • #38
    ANXIOUS
    Registered Users, Registered Users 2 Posts: 3,095 ✭✭✭ANXIOUS


    Henry Ford III wrote: »
    You outdid yourself here in that case. I think it's to do with you getting pwned on a few threads over a period.

    Little wonder you're Anxious :D

    At least it's been deleted, now you go back and make your millions selling mortgage protection cases.

    Leave the complicated stuff to the experts.


  • #39
    dulux99
    Registered Users Posts: 2,795 ✭✭✭dulux99


    Phileas Frog wrote: »
    Can someone answer the question please. Ye are like bloody women

    I already have. Twice.


  • #40
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,727 Mod ✭✭✭✭Henry Ford III


    ANXIOUS wrote:
    Leave the complicated stuff to the experts.

    Like you :D


  • #41
    Wanderer78
    Registered Users, Registered Users 2 Posts: 29,723 ✭✭✭✭Wanderer78


    highgiant1985 wrote:
    However, I'm wondering what the impact is if the pension company went under as unlikely as that may be.


    Ah you ll be grand, it would be bailed out


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